Entries tagged with “ecommerce”

Articles

4 articles found for ecommerce:

  • ONDC – Revolutionizing Indian E-commerce

    Open network for digital commerce (ONDC) is a set of protocols built on open network systems. It seeks to give Micro, Small & Medium Enterprises (MSMEs) equitable possibilities to participate in digital commerce. This will lead to increased digital transactions and separate the supply chain and credit markets. Through ONDC, democratization of the e-commerce ecosystem and thwarting monopolies of established platforms can be done. A recent communication shared by ONDC proves that it initiated control to help customers and level the playing field for small retailers.

  • The Fresh Bakeries Trend: Meeting Consumer Demand through Quality and Differentiation

    The bakery industry has witnessed a remarkable shift in consumer behavior, leading to the rise of fresh bakeries as a thriving trend. Today's consumers are increasingly seeking fresh, high-quality bakery products offering unique and memorable experiences. With a focus on quality, differentiation, and being updated on customer demand, fresh bakeries have carved a niche for them in the market. However, whether it is a short-term phenomenon, or a long-term trend is yet to be seen.

  • US Pet Food Industry on the Rise

    Pet ownership increased during lockdown when people were confined to their homes. Pet humanization has led to owners treating pets as part of their family. Owners are increasingly concerned about their pets’ health and nutrition and are looking for high quality and nutrient-rich food products. Pet food manufactures have been quick to tap into this rising demand to develop organic, natural, and high nutrition products. According to the American Pet Products Association, pet food sales increased 19.3% year-on-year to USD123.6 billion in 2021. Large pet food and treat manufacturers are expanding their production lines to meet growing demand. The pet food industry has shown resilience during the recent economic downturn and is expected to grow further.

  • Global Market Opportunity for Bio-Based Resins

    Bio-based resin is being increasingly adopted across industries as the need for sustainability has risen. Bio-based resins, made from partially or wholly plant-derived monomers, offer a sustainable and carbon-positive approach for consumers and manufacturers shifting to a bioeconomy model from highly-priced and depleting fossil fuel ingredients. Government regulations have also boosted their application. Successful commercialization is leading to the growth of bio-based resin throughout the world.